Bridging Finance
- Bridging finance can be used for any legal purpose and is commonly suitable for:
- Chain-breaking purchases
- Auction purchases
- Properties requiring refurbishment
- Purchases prior to planning consent
- Short-term capital raising
- With terms from 1 to 36 months available, Specialist Hub provides brokers with a trusted bridging partner for both regulated and unregulated requirements.
- Typical Use
- Auction purchases, where completion is required within tight timeframes.
- Urgent capital raising, including tax liabilities or cash-flow needs, with funds available in as little as 48 hours.
- Second charge bridging, allowing clients to raise short-term finance without redeeming their existing first charge mortgage.
- Property renovation and refurbishment, including residential and commercial projects.
- Buy-to-let and HMO purchases, including undervalue transactions and properties not yet suitable for long-term lending.
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How it works
We have over 40 years’ experience so will understand your client’s needs.
With our in-house quoting systems, we find the right solution and fast.
We ensure your client gets their offer with minimum fuss.
We pay you your commission on the day your case completes.
FAQs
When do you pay commission?
Commission will be paid to you on the day of completion.
How quickly can bridging finance be arranged?
Funds can be available in as little as 48 hours where the property is already owned.
What can bridging finance be used for?
Chain-breaking purchases, auction purchases, properties needing refurbishment, purchases ahead of planning consent, and short-term capital raising, including tax liabilities or cash-flow needs.
What is second charge bridging?
It lets clients raise short-term finance secured against a property they already own, without redeeming their existing first charge mortgage.
Can bridging finance be used for a buy-to-let or HMO purchase?
Yes, including undervalue transactions and properties not yet suitable for long-term/mainstream lending.